Overview
The Hill quoted Micah Green in a March 23 article titled “Wall Street Pushes Back on Trading Tax.” The article discusses the mobilization of Wall Street against proposals to tax financial transactions as the idea gains attention on the campaign trail and in Congress. Supporters say a financial transaction tax would deter market speculation, but the industry and other critics are expanding efforts to stop the proposal saying it would weaken markets and hurt small investors.
Mr. Green, who leads Steptoe’s financial services practice, says the 2016 election makes it an important moment for the financial industry to speak out against the proposals. “Because of the increased rhetoric on the campaign trail against Wall Street and the financial markets, this is an issue that shouldn’t be ignored,” he says.
The full article can be read at The Hill.
